Indian Overseas Bank Results Update
Indian Overseas Bank reported a Q1 FY27 net profit of ₹1,659 Crore, up 49.32% year-on-year. Total business grew 17.72% to ₹6.98 lakh crore.
- Value
- ₹1,659 Cr
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Indian Overseas Bank reported a Q1 FY27 net profit of ₹1,659 Crore, up 49.32% year-on-year. Total business grew 17.72% to ₹6.98 lakh crore.
Indian Overseas Bank (IOB) reported a Net Profit of ₹5,208 Crore for FY 2025-26, representing 56.16% year-on-year growth. Total deposits grew 18.03% to ₹3,68,191 Crore, while Gross NPA improved to 1.42%. The bank maintained a strong CRAR of 19.78%, reflecting significant improvement in profitability and asset quality.
Indian Overseas Bank reported a 43.20% YoY jump in Q4FY26 net profit to ₹1,505 Crore. Total business reached ₹6.79 lakh Crore, growing 20.76% YoY. Asset quality improved with Gross NPA at 1.42%. The bank expanded its network by adding 159 branches during the year, reaching a total of 3,494 branches.